Bitcoin vs. gold flashes multiple bottom signals as BTC bulls defend $70K
Bitcoin vs. gold ratio flashes classic bottom signals with oversold RSI recovery and impending bullish trend line cross after 14-month drawdown.
Bitcoin (BTC) has endured a 14-month bear market against gold, with the BTC/Gold ratio and momentum indicators at historic lows that previously marked cycle bottoms.
Key takeaways:
The BTC/GOLD ratio is at historic lows as multiple indicators hint at a cycle bottom.